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  1. Aadhar Housing Finance IPO share allotment today; here’s how to check allotment status

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Aadhar Housing Finance IPO share allotment today; here’s how to check allotment status

Upstox

3 min read | Updated on September 23, 2024, 13:10 IST

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SUMMARY

Aadhar Housing Finance IPO is a book-built issue worth ₹3,000 crore and was subscribed by an impressive 26.76 times with overall biddings for 178.65 crore shares against 6.67 crore shares on offer

Aadhar Housing Finance IPO opened for subscription on May 8, and the window closed on May 10

Aadhar Housing Finance IPO opened for subscription on May 8, and the window closed on May 10

Aadhar Housing Finance, a Blackstone-backed entity providing home financing services, is set to finalise the share allotment status of its initial public offering (IPO) that was subscribed over 26 times last week.

The share allotment will be finalised today (May 13), and subscribers will be able to check the status on the website of Kfin Technologies Ltd, which is the registrar of the IPO. Alternatively, the status could also be checked on the official portals of the National Stock Exchange (NSE) and the BSE – the two main bourses where Aadhar Housing Finance’s shares would be listed on May 15.

Notably, the IPO was opened for subscription on May 8, and the window closed on May 10. The price band was fixed in the range of ₹300-₹315 per share. The minimum lot size was 47 shares, amounting to a minimum investment ₹14,805 for retail investors.

The IPO comprised of a fresh issue of 3.17 crore shares, amounting to ₹1,000 crore, along with an offer for sale (OFS) of 6.35 crore shares, aggregating to ₹2,000 crore.

Subscribers who have been allotted the shares will be required to check the extent of the allotment. The allotted shares will reflect in their demat accounts. On the other hand, the refund process for those subscribers who have not been allotted the shares would be initiated on Tuesday, May 14.

How to check Aadhar Housing Finance IPO share allotment status on registrar website?

  • Step 1: Go to Link Intime India Pvt ltd website (https://www.linkintime.co.in/ )
  • Step 2: Click on Investor Services and select public issues
  • Step 3: Select the company Indegene Ltd
  • Step 4: Enter either your PAN, application No, DP/Client ID or Account No / IFSC
  • Step 5: Submit to check allotment status

Steps to check Aadhar Housing Finance IPO share allotment status on BSE website

The subscribers can also check the Aadhar Housing Finance IPO allotment status on the NSE website by using PAN and bank account details by directly visiting this link: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.

Aadhar Housing Finance IPO subscription

The book-built issue worth ₹3,000 crore was subscribed by an impressive 26.76 times with overall biddings for 178.65 crore shares against 6.67 crore shares on offer, according to NSE data.

The Qualified Institutional Buyers’ (QIB) category was booked 76.41 times with biddings for 145.22 crore shares against 1.9 crore shares set aside for the category. The Non-Institutional Investors’ (NII) category was booked 17.32 times with applications for 24.69 crore shares against 1.42 crore shares on offer.

The retail investors applied for more than 8.57 crore shares against 3.32 crore shares on offer for the category, subscribing the segment 2.57 times.

In the employees’ category, the public issue was booked 6.52 times, with bids for 16.48 lakh shares received against 2.52 lakh shares on offer.

To know more about IPOs listing, schedule and upcoming IPOs, click here.
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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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